This is where a seller sends documents relating to a shipment through his or her bank to the buyer's bank asking that they are released when a payment is made (CAD or D/P) or a bill of exchange is accepted (D/A).

The amount by which a company's yearly dividends grow compared with the previous.

A defensive regulation which some stock exchanges have to limit the damage of a sharp fall in.

See 'time.

A certificate issued on the occurrence of a chargeable event. Details listed include the amount of.

To purchase enough of the available supply of a commodity or stock in order to manipulate its.

The Chicago Mercantile Exchange (or Merc) was called the Chicago Butter and Egg Board until 1919 and.

A with profits life assurance bonus, normally added annually to the policy, which is based on the.

The period following the dividend declaration date to the date of record during which a stockholder.

The index of the share prices of the companies which are listed in the FTSE Actuaries All-Share.

This rather grand term refers to various things that companies can do which affect the number of.

Life assurance where payment of the sum assured depends on an event or events additional to the.

The distribution of part of a company's earnings to shareholders, usually twice a year in the.

Unforeseeable events, beyond the control of participants in a contract, which may excuse either side.

A protective options strategy in which a written call and a long put are taken against a previously.

An allowable expense subtracted from gross income to reduce income tax liability. An exemption.

The yield on a security before the deduction of tax. Yield is a measure of the return on an.

The permanent ownership of land or buildings which can be legally passed on to heirs and the most.

An endowment assurance, on the life of a child, which can be taken as cash at maturity or converted.

The process of moving payments between accounts from different banks or.